This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Sunday, October 23, 2011
USA economic and Millitary center of gravity shifting to Asia.
. US : center of gravity shifting to Asia
. Will be more active in and through Australia
. And specifically Western australian.
. And Pine Gap.
. Focus militarily and economically in Indonesia
. Donald Trump jnr spoke to the rich kids earlier in Indonesia.
Why Art is an investment in history preservation ?
. Art is leading the investment scene
. And just maybe there is a moral to Art Investment.
. Gold doesnt tell a story,
. But Art does.
. In Art, history is preserved.
. It was the ancient way of capturing the moment before camera
. And history's perception of the moment is preserved thru the Artist's eyes.
. In this era of decreasing sun spots activity, illusion is dispersed
. Reality is reigns......occupy wall street.
. Value of painting aside, Art is an investment in preservation.
. As an investment, I don't know
. But if you define investment as anything you accumulate and rises in value in future
. As investment, then Yes, Art is an investment.
. A store of value like Gold but at least you can a how it off.
Saturday, October 22, 2011
Nigeria : Getting a makeover
. Between Okonjo and the central banker
. Nigeria is being restructured for growth
. Getting a serious makeover
. Soon foreign investor will pour money
. Jobs created and economy grow
http://www.vanguardngr.com/2011/10/should-eight-maritime-agencies-quit-the-ports/
Occupy Wall Street : GE CEO Jeff Immelt's Front Lawn
. People have been wondering what end will become of Occupy Wall Street
. Well just maybe as the momentum gains traction
. And inconvenient truths nice swept underneath the carpet
. And the invisible elephant in the living room becomes more visible
. And as the OWS turns from faceless protesting to targeting specific faces
. And the protest becomes more specifics
. Like outsourcing and the rich pay less or no tax
. Things cannot stay the same
. Democratic protest !
.
http://www.forbes.com/sites/clareoconnor/2011/10/22/protesters-occupy-ge-ceo-jeff-immelts-connecticut-front-lawn/
Friday, October 21, 2011
European Crisis : Whichever way will lead to Banking Crisis
Islamic Banking : A vehicle for pooling Arabs & Muslim money .
. The tools of the next era.
. Some other Financial tools of the politicians are
1. Green Bond
2. Infrastructure Bank.
3. Infrastructure Bond
4. Carbon Tax
5. Tobin Tax
6. Islamic banking
http://www.iol.co.za/business/international/islamic-banks-got-good-prospects-hsbc-1.1161423
Lee Hsien Loong : Expect 10 years of slower Economic growth
. Singapore's economy linked critically to world trade and economy
. Expect slowing economy growth to get slower the next 10 years.
. At almost half the speed
. From 5.5% to 3%
http://www.chinapost.com.tw/asia/singapore/2011/10/21/320498/Singapore-must.htm
Australian Mining Industry : Worst Case Scenaruo
. Revenue : Commodities peaked and declined
Demand slows from slowing economy,
(Price drop x Demand Drop)
Less Revenue
. Cost : Increase.
MRRT & Carbon Tax
. Bottom line Reduced.
. Investor funds reduced.
. Bad news for Australian Mining Industry
Thursday, October 20, 2011
Is Australian Mining Industry at risk ?
. World economy slowing.
. China slowing.
. Which will affect the Top line P/L statement.
. MRRT & Carbon Tax will increase cost.
. Bottom line will be reduced.
. Less revenue, more costs.
. Bad business !
. Investors may seek greener pasture, resulting in less funds for the industry .
. Is WA bullishness then , justified ?
Green Bonds : Raising money for Green projects
. Starting with Wind Energy.
. Then Solar.
. Bond issued by World Bank
http://www.globalpensions.com/global-pensions/news/2118867/green-bond-opportunities-grow
Australia : priming for an interest cut
. Local manufacturing slows while Mining becomes international.
. As raw material demand continues.
. China is still growing but at a decreasing rate, even that is high.
. However how much if it is froth is unclear ?
. If taxi entrepreneurism is any measure, things are not as rosy as it look.
. Even if Europe Resolves its debt stalemate & dillemma,
. There is no growth in the horizon.
. It's still basically back to the drawing board
. If anything the world is only save from the brink of disaster.
. US has no growth prospect either.
. Jobs are necessary and that depends on Obama's infrastructure plan
. Which is still very much in limbo and debate.
. With US, Europe and China with no and slowing growth,
. Minining companies are already showing signs of stress,
. Archelor Mittal has cut back and shut down one blasting plant .
. Woodside petroleum has registered drop in demand.
. So Australia Mining should slow down, with RBA commodities price index correcting.
. So a big negative for Mining, demand & price decline.
China Provinces Issuing bond
. 4 major coastal provincial economies of Chuna
. Allowed to issue bonds.
China coming crisis : the "Taxi" entrepreneurism
. Ingenious and entrprenuers as the Chinese Taxi drivers are
. It foreshadow a crisis for China
. Whose GDP is the largest if not second to USA
. But at 6 times the population.
. Mostly trying to keep end meet at very small margin.
. Output not commensurate with input.
. If doubling income from the same meter, same direction is the yardstick for Chinese
Entreprenuerism, China is very much in trouble.
Will Murdoch be the first victim of Occupy Wall Street ?
. Not that it is without merit.
. There is a time and season for everything.
. Legendary Steve Jobs of Apple has passed on.
. Wonder kid Bill Gates has reinvented himself if not reborn
. Not unlike scorpios. Death and rebirth. The proverbial Phoenix.
. Richard Branson now has the skies and soon space.
. Murdochs probably at the end of it's cycle.
. Soros and Buffet both in the 80s still going strong.
. The new heroes will probably be the tech & green gurus and entrepreneur
. Like the facebooks people and the likes of Richard Branson
. As much as Donald Trump talks about brands and branding
. There isn't much to attach him to like permanently.
. Ok we have the famous quotes "you are fired"
. But other than that, its pretty hard to define him other than the playboy look.
. Ironic isn't it ??!!
Pay pal, A means becomes and end
. Mobile Commerce.
. Adds another layer to mobile technology.
. Instead of PC becoming smaller
. Mobile phone has become larger to compete with PC.
. From Mobile phone to Mobile computing(smart phone) and now Mobile payment.
. Ebay's Paypal is in the forefront of this new and exciting trend of enabling commerce
. Be it online, offline, or retail.
. With plastic card or not
. With mobile phone or not.
. Pay pal is the seamless point of sale.
Out with NASA, In with Virgin Galactic Spaceport
. $200,000 ticket to fly into space.
. Facility with astronaut training.
http://www.ausbt.com.au/amazing-photos-richard-branson-s-new-virgin-galactic-spaceport
US getting paranoid and Xenophobic
. And maybe rightly so.
. Like I say, when the music stops, there are less chairs to go around
. Those left without, goes a grumbling that they are left out.
. US probably is to be blame for what has gone wrong.
. For their greediness and rampant consumerism of the last 2 decades.
. Now Trump says stop outsourcing and free trade.
. Saying it's not fair.
. And China's Yuan is also blamed for US woes.
http://www.newsmax.com/StreetTalk/Trump-us-End-Recession/2011/10/19/id/415060
India : Initial $3B Infrastructure Debt Fund.
. To Infrastructure Australia - A statutory corporation
. Basically Bond market.
. looks like Infrastructure and Green Bond is starting to warm up.
. Question is where the money going to come from ?
. It might be a case of competing of funds with the traditional property & equity Mkt.
Western Australia : Land sales signal further housing weakness
Richard Branson goes green in Christchurch, NZ
. Well one of them could be Richard Branson
. And the beneficiary city is ChristChurch, New Zealand
Occupy Wall Street from A Billionaire's Perspective
. Jeff Greene : real estate developer
. "Much ado about nothing"
. Nothing intellectual , just noise of frustration
http://www.forbes.com/sites/luisakroll/2011/10/19/billionaire-visits-occupy-wall-street/
Wednesday, October 19, 2011
No wonder the cockiness of Julia Guilard's about turn on Carbon Tax.
. With $20trillion green funds backing her or at least the promise of $$$ for green projects
. That would create jobs
. However with one hand tied behind her back by the Green party
. Carbon policy is a surety under her rule.
. So, was Kevin Rudd capitulation been in vain.
. The politics of Australian politics.
. The Greens vs the Miners and big business.
. And what other more convenient marriage than Obama's push for Infrastructure investment and Green politics.
. This is a politics of money. Where will the fund go ?
. Not to the necessary
. But to ideology !! And who has the more power to push through it's agenda !!
. Green is a new kid in the block, about to be made sexy !!
New York Sewerage Investment : Gloryfying the Basic and what it should have been !
. From New York sewerage investment to Bill Gates toilet reinvention
. And echoes of Occupied Wall Street
. The world in some sense is trying to turn over a new leaf.
. But old habits die hard
. Even that needs to be glorified.
. Make it pretty.
. Its going to be an era of going back to basics, away from the obscenity of the 90s 2000s' greed and consumerism.
. Growth comprising of unneccessary advertising to lure the consumption of the unneccessary .
. That foamy creamy layer of GDP will be stripped off.
. Forcing a cut back and an inevitable correction in the economy.
. As consumer come to the senses, but not without a hangover
The reality of funding Infrastructure project : An Australian Perspective
. While the politicians look to infrastructure project to fill the void
. When the economy shrink as deleveraging continues.
. With people in savings mode than spending mode after the consumer binge of the 90's and 2000s
. However, what use to be govt induced debt to spur infrastructure investments in public works
. That cannot be in the present debt laden government.
. Therefore the PPP acronym, basically means money from private sector.
. Namely the pension & Insurance institution.
. But the devil is in the detail...
. And if majority in in equities that needs to be liquidated to fund it.
. Then comes expectation of immediate cash-flow if not payback.
. And return on investment vs what the market can yield.
. Imply : more work in progress......
Tuesday, October 18, 2011
Is Goldman out or just down for now ? Playing dead ?
. The biggest con artist of corporate Amrica.
. While Goldman loses a quarter, BAC more than make up for it.
. It could be Goldman's loss and someone else gains.
. But the way Goldman is positioned with their connection with central banks
. Don't count for it to be down for too long.
. New York city probably jumps at any thing and points at anything to lay off people
. And save money for themselves,